Triller Group clarifies no active Yorkville equity line or new funding deals
Triller Group Inc. (NASDAQ: ILLR) confirmed it has no active standby equity purchase facility with Yorkville Advisors and is not drawing under any equity line with the firm, according to a company statement issued following stockholder questions at its annual meeting.
The company said it has not entered into new instruments or arrangements with Yorkville since those previously disclosed in SEC filings. The Second Amended and Restated Standby Equity Purchase Agreement and associated convertible promissory notes are not providing new financing for the company.
As of March 31, 2026, Triller carried convertible promissory notes payable to Yorkville on its balance sheet, classified within current liabilities. The company disclosed it has not repaid amounts due under those notes and continues to defend related litigation.
Yorkville completed a foreclosure in June 2025 under a pledge agreement, resulting in the transfer of 3 million shares of Bare Knuckle Fighting Championship common stock to Yorkville. Triller is contesting the foreclosure in proceedings before the Supreme Court of the State of New York, Commercial Division.
The litigation remains active after Yorkville's initial motion for accelerated judgment was denied in May 2025. Yorkville has filed a notice of appeal and a motion for summary judgment based on the notes' maturity date. No trial date has been set.
"Yorkville is not an active funding source for the Company, we are not drawing under any Yorkville equity line, and there is no undisclosed Yorkville-related dilution arrangement," said Wing Fai Ng, Group CEO.
The company operates the Triller social media platform and AGBA Group, a Hong Kong-based financial services business with operations across Asia.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Exclusive: National Vision’s CEO on why the market got post-Q1 selloff wrong
- Cantor Equity Partners VII raises $250M in Nasdaq IPO
- Centrus Energy extends tax protection rights plan through 2029
Create E-mail Alert Related Categories
Corporate News, Equity OfferingsRelated Entities
Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share